First Advantage (FA) Free Cash Flow (2020 - 2026)
Quarterly Free Cash Flow rose 90.81% to $36.2 million in Q1 2026 from the year-ago period, while the trailing twelve-month figure was $209.3 million through Mar 2026, up 1079.24% year-over-year, with the annual reading at $192.0 million for FY2025, 8275.05% up from the prior year.
First Advantage filings provide 7 years of Free Cash Flow readings, the most recent being $36.2 million for Q1 2026.
- Free Cash Flow hit $36.2 million in Q1 2026 for First Advantage, down from $64.4 million in the prior quarter.
- Across five years, Free Cash Flow topped out at $93.0 million in Q3 2025 and bottomed at -$115.3 million in Q4 2024.
- Average Free Cash Flow over 5 years is $32.6 million, with a median of $38.7 million recorded in 2022.
- Peak annual rise in Free Cash Flow hit 178.17% in 2024, while the deepest fall reached 331.0% in 2024.
- First Advantage's Free Cash Flow stood at $47.7 million in 2022, then increased by 4.69% to $49.9 million in 2023, then crashed by 331.0% to -$115.3 million in 2024, then soared by 155.87% to $64.4 million in 2025, then tumbled by 43.75% to $36.2 million in 2026.
- Per Business Quant, the three most recent readings for FA's Free Cash Flow are $36.2 million (Q1 2026), $64.4 million (Q4 2025), and $93.0 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Free Cash Flow (Qtr) |
|---|---|---|---|---|---|
| 1 | Relx | 81.40 Bn | 81.16 Bn | - | - |
| 2 | Rentokil Initial | 79.56 Bn | 78.10 Bn | - | - |
| 3 | Cintas | 69.26 Bn | 69.08 Bn | 1.45 Bn | 530.57 Mn |
| 4 | Copart | 33.09 Bn | 28.01 Bn | 971.24 Mn | 57.88 Mn |
| 5 | UL Solutions | 20.56 Bn | 20.32 Bn | 381.00 Mn | 150.00 Mn |
| 6 | Global Payments | 19.88 Bn | 14.69 Bn | 1.70 Bn | -550.16 Mn |
| 7 | Rb Global | 19.08 Bn | 18.89 Bn | 869.50 Mn | 172.60 Mn |
| 8 | Aramark | 13.57 Bn | 13.16 Bn | 426.35 Mn | 298.98 Mn |
| 9 | Amentum Holdings | 5.65 Bn | 5.74 Bn | 345.00 Mn | 220.00 Mn |
| 10 | First Advantage | 2.62 Bn | 2.39 Bn | - | 36.23 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 36.23 Mn |
| Mar 31, 2026 | 36.23 Mn |
| Dec 31, 2025 | 64.41 Mn |
| Dec 31, 2025 | 64.41 Mn |
| Sep 30, 2025 | 92.99 Mn |
| Sep 30, 2025 | 92.99 Mn |
| Jun 30, 2025 | 15.65 Mn |
| Jun 30, 2025 | 15.65 Mn |
| Mar 31, 2025 | 18.99 Mn |
| Mar 31, 2025 | 18.99 Mn |
| Dec 31, 2024 | -115.29 Mn |
| Dec 31, 2024 | -115.29 Mn |
| Sep 30, 2024 | 43.53 Mn |
| Sep 30, 2024 | 43.53 Mn |
| Jun 30, 2024 | 31.39 Mn |
| Jun 30, 2024 | 31.39 Mn |
| Mar 31, 2024 | 38.01 Mn |
| Mar 31, 2024 | 38.01 Mn |
| Dec 31, 2023 | 49.91 Mn |
| Dec 31, 2023 | 49.91 Mn |
| Sep 30, 2023 | 15.65 Mn |
| Sep 30, 2023 | 15.65 Mn |
| Jun 30, 2023 | 39.11 Mn |
| Jun 30, 2023 | 39.11 Mn |
| Mar 31, 2023 | 32.54 Mn |
| Mar 31, 2023 | 32.54 Mn |
| Dec 31, 2022 | 47.67 Mn |
| Dec 31, 2022 | 47.67 Mn |
| Sep 30, 2022 | 51.49 Mn |
| Sep 30, 2022 | 51.49 Mn |
| Jun 30, 2022 | 52.57 Mn |
| Jun 30, 2022 | 52.57 Mn |
| Mar 31, 2022 | 38.67 Mn |
| Mar 31, 2022 | 38.67 Mn |
| Dec 31, 2021 | 63.97 Mn |
| Dec 31, 2021 | 63.97 Mn |
| Sep 30, 2021 | 27.76 Mn |
| Sep 30, 2021 | 27.76 Mn |
| Jun 30, 2021 | 33.12 Mn |
| Jun 30, 2021 | 33.12 Mn |
| Mar 31, 2021 | 20.18 Mn |
| Mar 31, 2021 | 20.18 Mn |
| Dec 31, 2020 | 24.74 Mn |
| Dec 31, 2020 | 24.74 Mn |
| Sep 30, 2020 | 16.90 Mn |
| Sep 30, 2020 | 16.90 Mn |